inflation

Inflation in Egypt increases to 36% during February: CAPMAS
Egypt

Inflation in Egypt increases to 36% during February: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that annual inflation recorded 36 percent in February compared to…
“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
Business

“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt

A member of the House of Representatives, Abu Abbas Farhat Turki, a submitted a briefing request to the Speaker of…
CAPMAS: Annual inflation declines to 36.4 percent in November
Economy

CAPMAS: Annual inflation declines to 36.4 percent in November

Egypt’s annual core inflation rate declined to 36.4 percent in November 2023 from 38.5 percent in October, according to the…
Inflation in Egypt expected to decrease in 2024 due to Egyptian pound movement: report
Business

Inflation in Egypt expected to decrease in 2024 due to Egyptian pound movement: report

The exchange rate of the Egyptian pound is likely to decline by about 30 percent during the first quarter of…
Expectations of unprecedented inflation in Egypt
Business

Expectations of unprecedented inflation in Egypt

The head of Egypt’s sovereign wealth fund Ayman Soliman said that Egypt’s inflation, which has accelerated to record levels, has…
Maait: Geopolitics tensions led to rising cost of living
Economy

Maait: Geopolitics tensions led to rising cost of living

Finance Minister Mohamed Maait said the ministry is seeking to receive a realistic and analytical vision from international financial institutions…
CBE: Annual inflation rate declines to 40.7 percent in July
Egypt

CBE: Annual inflation rate declines to 40.7 percent in July

Egypt’s annual core inflation rate slightly declined to 40.7 percent in July 2023 from 41 percent in June, according to…
CAPMAS: Monthly inflation rate up by two percent in July
Egypt

CAPMAS: Monthly inflation rate up by two percent in July

The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the inflation rate recorded 181.1 points in July, marking…
CBE raises interest rates by 100 basis points
Economy

CBE raises interest rates by 100 basis points

The Monetary Policy Committee of the Central Bank of Egypt during its Thursday meeting raised overnight interest rates by 100…
Gas prices just saw their biggest one-day increase in a year
World

Gas prices just saw their biggest one-day increase in a year

New York CNN  —  The monthslong calm in gas prices is over. The national average price for a gallon of…
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